AC Industrials is Ayala’s holding company for its current and future investments in industrial technology. It builds on the collective strengths of Integrated Micro-Electronics, Inc., a pioneering manufacturer in the Philippines and a globally leading EMS provider worldwide, and AC Automotive, the country's largest multi-brand dealership group and a leading Philippine vehicle distributor carrying Honda, Isuzu, Volkswagen and KTM. Since its formation last year, AC Industrials has actively pursued investments as part of its strategy to assemble a portfolio of businesses that develop, enable, manufacture, and commercialize automotive and other industrial technologies.